Egyptian Furniture Marketplace Homzmart Secures $23 million in Pre-Series B Round
Homzmart, an online marketplace for furniture and home goods located in Egypt, has raised a $23 million pre-Series B investment, increasing its total capital to roughly $40 million. In 2020, former Daraz COO Mahmoud Ibrahim and former Jumia head of logistics Ibrahim Mohamed founded Homzmart, a platform that enables furniture suppliers and merchants to communicate…